Thursday, January 17, 2013

Apple stock down on new iPhone, but no Jobs - Puget Sound Business Journal (Seattle):

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The stock finished trading at $143.85, down 0.57 after being down as more than 3 percen earlier inthe day. Speculation ahead of the San Francisco event centered on if CEO Steves Jobs would make his firsrt appearance since taking medicao leave earlier this year and whetherd the company would unveil its nextgeneration iPhone. Jobs didn'ft make an appearance, but Bloomberg News cited unnamed sources Monday who said that he had been activelu involved inthe company's preparation for Monday's conference. The new iPhonw is nearly three times faster to download Web page and comexs witha 3-megapixel autofocus camera. It also has voice-controk features and a built-in compass.
The 3GS also has improvex battery life with up to nine hours on 10 hours whilewatching video, 30 hours using audio, 12 hoursw using 2G talk and five hours usingv 3G talk. It also features a new built-in digital compasss for instant navigation. The new iPhone, available in black and white onJune 19, will sell for $199 for a 16GB modep and $299 for 32GB. New versions of the MacBook Pro. A 15-incuh version that starts at a lower-priced 17-inch that starts at $2,499 and a 13-incn version that starts at — Lower prices for the MacBook Air ultra-thinb line, cutting $700 off the 128G model to $1,799 and cutting $300 off the base modekl at $1,499.
— A new versioj of the Mac operating system, Snow that is faster to install and takes up 6 gigabytee less harddrive space. The new operatingy system comes with a new version of the Safari Web browser that Apple says is more robust and faster thanpreviouxs versions. — New iPhone software including ability to cut and past data and an alertf feature that helps users find their devices or remotely wipe its memory cleamn if it gets stolen and later restorw it using aniTunes backup.
Apple said at the conferenc e that it has now sold more than 40 milliom iPhones and iPod Touches and that usera of the devices have a choicse of morethan 50,000 software applications they can

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